One of the smartest things a person can do is dampen investment expectations, especially with Berkshire. That would be mature and responsible. I like our model and we should do nicely

A business model that relies on trickery is doomed to fail.

We've had the most massive creation of wealth for people a lot younger than those who formerly got wealth in the history of the world. The world is full of young people who really want to get rich, and when I left school nobody thought it was a reasonable possibility.

... some important factor doesn't lose its "share of force" just because some "expert" can better measure other types of force.

I'd rather throw a viper down my shirt front than hire a compensation consultant.

I think that, every time you saw the word EBITDA, you should substitute the word "bullshit" earnings.

I knew a guy who had $5 million and owned his house free and clear. But he wanted to make a bit more money to support his spending, so at the peak of the internet bubble he was selling puts on internet stocks. He lost all of his money and his house and now works in a restaurant. It's not a smart thing for the country to legalize gambling [in the stock market] and make it very accessible.